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Why This $1B VC Fund Doesn’t Have Investment Analysts - Avichal Garg, Electric Capital, Ep. 214
The Blockcrunch Podcast
Can You Give Me a Charter to Start a Corporation?
In the mid-1800s, some people in the UK and the US had this great idea that actually you shouldn't have to go to the king to get a corporation. And so if you think about the amount of friction that was reduced by going from, I need to go talk to theKing to give me a charter down to, I just fill out some paperwork in the government and now I have a Delaware C Corp. That's like a 100x improvement, right? That's a 100x reduction in friction. And the way I look at a Dow is that's another 100x improvement in the ability for anybody to create a corporation. Because now you can push a button and there
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